Question

What is currency? What are the different types of currencies? Name 10-15 of them.

Answer 1

Hi Vieola,

Currency is a system of money including coins and paper notes, normally use in a particular country.

There are 180 current currencies across the world.

Some of them are:-

• Indian Rupee

• US Dollar

• Euro

• Japanese Yen

• Swiss Franc

• Canadian Dollar

• Australian Dollar

• Hong Kong Dollar

• Swedish Krone

• Norwegian Krone

• Kuwaiti Dinar

• Bahraini Dinar

• Omani Riyal

• Jordanian Dinar

• British Pound

• Canadian Dollar

• Azerbaijani Manat

• New Zealand Dollar

• Libyan Dinar

• Brazil’s Real

• Turkish New Lira

• United Arab Emirates Dirham

• Qatari Riyal

• Saudi Arabia Riyal

• Russian Ruble

• Chinese Yuan Renminbi

etc.

The currency of our country India is Indian Rupee.

Hope it helps!

Answer 2

Currency:-
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A currency is the local “medium” of exchange.

Different countries use different currencies, so to trade there has to be a way to set the exchange rate of the currencies relative to each other. There are 180 types of currency in the world.

Types of currency are:-

1)Afghanistan - afghani
2)Algeria - dinar
3)Andorra - euro
4)Argentina - peso
5)Australia - dollar
6)Austria - euro
7)Bahamas - dollar
8)Bahrain - dinar
9)Barbados - dollar
10)Belgium - euro
11)Belize - dollar
12)Benin - franc
13)Bolivia - boliviano
14)Brazil - real
15)Brunei - dollar
16)Bulgaria - lev
17)Cameroon - franc
18)Canada - dollar
19)Cayman Islands - dollar
20)Chad - franc
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Hope it's help
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